If you are like me who have started buying SSB since it was launched and/or through 2016 & 2017, you may want to examine your returns from your current SSBs and consider upgrading.

First, let’s see a chart that shows the 1st year yield of the monthly SSBs from the maiden issue to the most recent one available for our application.

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As you can see, the first year interest yield of SSBs declined progressively from 1.2% per year soon after its launch to the lowest point of 0.77% in Nov 2016 and then climbing back to 1.2% by end Dec 2017 before pushing towards 1.8% in recent months as US Fed started raising interest rate.

From this chart